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US Equity Indexes Extend Gains in Midday Trading
US Equity Indexes Extend Gains in Midday Trading
Aug 7, 2024
12:54 PM EDT, 08/07/2024 (MT Newswires) -- US equity indexes extended gains, led by energy and utilities, and government bond yields rose after midday on Wednesday. The Nasdaq Composite climbed 1.1% to 16,540.2, with the S&P 500 up 0.9% to 5,288.5 and the Dow Jones Industrial Average 0.6% higher at 39,225.9, continuing the march higher after the sharp sell-off on...
Sector Update: Energy
Sector Update: Energy
Aug 7, 2024
01:31 PM EDT, 08/07/2024 (MT Newswires) -- Energy stocks were higher Wednesday afternoon, with the NYSE Energy Sector Index and the Energy Select Sector SPDR Fund (XLE) each rising 1.4%. The Philadelphia Oil Service Sector index increased 0.2%, and the Dow Jones US Utilities index was gaining 1%. Front-month West Texas Intermediate crude was rising 2.6% to $75.13 a barrel,...
Sector Update: Financial
Sector Update: Financial
Aug 7, 2024
01:40 PM EDT, 08/07/2024 (MT Newswires) -- Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index adding 0.6% and the Financial Select Sector SPDR Fund (XLF) ahead 1%. The Philadelphia Housing Index was falling 1.6%, while the Real Estate Select Sector SPDR Fund (XLRE) was up 0.6%. Bitcoin (BTC-USD) was shedding 0.6% to $55,736, and the...
Exchange-Traded Funds, US Equities Higher After Midday
Exchange-Traded Funds, US Equities Higher After Midday
Aug 7, 2024
12:59 PM EDT, 08/07/2024 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded fund IWM and IVV were higher Wednesday. Actively traded Invesco QQQ Trust (QQQ) gained 0.7%. US equity indexes extended gains, led by technology and utilities, and government bond yields rose after Wednesday's midday trading. Energy iShares US Energy ETF (IYE) and Energy Select Sector SPDR (XLE) both climbed...
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What the Options Market Tells Us About Dell Technologies
What the Options Market Tells Us About Dell Technologies
Sep 6, 2024
Deep-pocketed investors have adopted a bullish approach towards Dell Technologies ( DELL ) , and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in DELL usually suggests something big is about to happen. We gleaned this information...
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
The Analyst Verdict: Adobe In The Eyes Of 21 Experts
Sep 6, 2024
Providing a diverse range of perspectives from bullish to bearish, 21 analysts have published ratings on Adobe in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish Somewhat Bullish Indifferent...
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
July Job Openings Fall To 3-Year Lows, Gap With Unemployment Narrows To Near Parity: Traders Raise Rate Cut Bets
Sep 6, 2024
Employment vacancies in the United States dropped sharply in July, hitting the lowest level in over three years and signaling a significant cooling in the labor market. Job openings fell to 7.673 million in July, down from a downwardly revised 7.91 million in June, according to the latest official data Wednesday from the Job Openings and Labor Turnover Survey (JOLTs)....
Insights Into Salesforce's Performance Versus Peers In Software Sector
Insights Into Salesforce's Performance Versus Peers In Software Sector
Sep 6, 2024
In the fast-paced and highly competitive business world of today, conducting thorough company analysis is essential for investors and industry observers. In this article, we will conduct an extensive industry comparison, evaluating Salesforce ( CRM ) in relation to its major competitors in the Software industry. Through a detailed examination of key financial metrics, market standing, and growth prospects, our...
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Ripple Price Analysis: Is XRP in Danger of Falling to $1.70 Soon?
Ripple Price Analysis: Is XRP in Danger of Falling to $1.70 Soon?
Mar 11, 2025
Ripple’s price has been consolidating in a wide range over the recent month against both USDT and BTC. Yet, the future direction of the market might soon be revealed. By Edris Derakhshi (TradingRage) The USDT Paired Chart XRP has been in a corrective downtrend after reaching a local high above $3.00 last week, with the price now testing the $2.00...
Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Bitcoin Enters New Volatile Range as Markets Continue to Struggle
Mar 11, 2025
As the crypto market continues to struggle, bitcoin (BTC) has broken into a new volatile range. On March 10, the cryptocurrency fell below $80,000 and touched the $76,800 range before climbing back up to $81,000 at the time of writing. According to the latest edition of the Bitfinex Alpha report, the cryptocurrencys decline to $76,800 triggered massive losses in the...
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
3 Reasons Why Dogecoin (DOGE) Could Turn Bullish Again Soon
Mar 11, 2025
TL;DR Despite a severe price drop, some factors like increased whale activity suggest a DOGE reversal might be just around the corner. A potential approval of a spot Dogecoin ETF could also contribute to a possible rally in the near future. The Bears to Step Back? The past few weeks have been devastating for the cryptocurrency market, with countless leading...
Important Pi Network (PI) Deadlines, Ripple (XRP) Price Targets, and More: Bits Recap March 11
Important Pi Network (PI) Deadlines, Ripple (XRP) Price Targets, and More: Bits Recap March 11
Mar 11, 2025
TL;DR The PI token is already live, with speculation that Binance might be the next crypto exchange to allow trading services with it. Ripple (XRP) has been experiencing a downfall lately, but analysts remain optimistic that a renewed bull run could be incoming. SHIB dropped 28% this month. One popular analyst sees potential for a substantial resurgence if Shibarium gains...
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